HBAR Plunges After Resistance Failure, Institutional Selling Suspected
Update: 2025-11-11
Description
On November 11th, HBAR attempted to surpass a key resistance level near $19.40 but failed, causing a 2.1% decline. The price drop was exacerbated by a significant increase in trading volume, indicating institutional selling. HBAR initially gained over 1% earlier in the day but ultimately fell through its stable price range, testing a resistance level around $18.85 before breaking below $18.40.
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